GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report)’s stock price rose 12.2% on Tuesday . The company traded as high as $60.37 and last traded at $59.70. Approximately 1,296,750 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 9,479,381 shares. The stock had previously closed at $53.22.
GraniteShares 2x Long AMD Daily ETF Stock Up 16.8%
The stock has a fifty day moving average of $65.51 and a 200-day moving average of $37.47.
Hedge Funds Weigh In On GraniteShares 2x Long AMD Daily ETF
A number of institutional investors have recently modified their holdings of the stock. Thrive Wealth Management LLC acquired a new position in shares of GraniteShares 2x Long AMD Daily ETF during the second quarter worth approximately $238,000. Osaic Holdings Inc. increased its holdings in shares of GraniteShares 2x Long AMD Daily ETF by 36.6% in the second quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock valued at $52,000 after purchasing an additional 1,645 shares in the last quarter. Balboa Wealth Partners bought a new position in GraniteShares 2x Long AMD Daily ETF in the 1st quarter worth approximately $122,000. Vestor Capital LLC raised its position in GraniteShares 2x Long AMD Daily ETF by 145.5% in the 4th quarter. Vestor Capital LLC now owns 10,250 shares of the company’s stock worth $159,000 after purchasing an additional 6,074 shares during the last quarter. Finally, HUB Investment Partners LLC bought a new position in GraniteShares 2x Long AMD Daily ETF in the 2nd quarter worth approximately $108,000.
GraniteShares 2x Long AMD Daily ETF Company Profile
The GraniteShares 2x Long AMD Daily ETF (AMDL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Advanced Micro Devices stock. AMDL was launched on Mar 4, 2024 and is issued by GraniteShares.
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